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My old job allowed me to have my health insurance premiums deductedfrom my paycheck with before tax dollars. My new job does notallow me to pay with before tax dollars, I must pay with after taxdollars.

The question is does this mean that I can totally deduct myhealthcare premiums as an expense at the end of the tax year ordoes it mean I can deduct a percentage of my healthcare premiumsthat I paid for with after tax dollars from my paycheck?

If I can deduct my healthcare premiums that I paid for with aftertax dollars, is it a percentage of what I paid or is it the totalof what I paid? If it's a percentage of what I paid, do youknow what the percentage is?

Also, bottom line, is it better to pay healthcare premiums withbefore tax dollars or after tax dollars from your paycheck?

Accounting Basics, Accounting

  • Category:- Accounting Basics
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